Airtouch Solar Ltd (TLV:ARTS)

Airtouch Solar Balance Sheet

Financials in millions ILS. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	8.17	10.44	25.67	50.08	0.78
Short-Term Investments	1.88	0.79	2.73	-	-
Cash & Short-Term Investments	10.05	11.23	28.41	50.08	0.78
Cash Growth	-10.49%	-60.48%	-43.28%	6337.53%	31.64%
Accounts Receivable	9.93	6.81	2.25	2.96	0.08
Other Receivables	3.9	3.85	1.79	1.09	0.42
Receivables	13.82	10.65	4.04	4.05	0.49
Inventory	17.85	19.53	11.5	9.74	1.97
Prepaid Expenses	0.57	0.44	0.48	0.36	0.18
Other Current Assets	0.22	0.47	5.66	5.69	0.6
Total Current Assets	42.51	42.32	50.09	69.92	4.02
Property, Plant & Equipment	9.73	12.83	7.17	8.3	2.94
Other Long-Term Assets	1.19	1.27	1.06	-	-
Total Assets	53.42	56.42	58.32	78.22	6.96
Accounts Payable	2.04	3.38	0.71	1.72	1.05
Accrued Expenses	3.46	3.75	1.91	2.09	0.65
Short-Term Debt	3.56	-	-	-	-
Current Portion of Leases	1.74	1.71	1.27	1.71	0.82
Current Unearned Revenue	3.14	2.34	0.55	1.34	0.3
Other Current Liabilities	8.61	6.44	2.26	2.1	1.38
Total Current Liabilities	22.54	17.62	6.7	8.95	4.2
Long-Term Leases	6.9	9.48	3.76	5.24	1.76
Long-Term Unearned Revenue	-	0.43	2.05	1.97	1.77
Other Long-Term Liabilities	0.31	-	-	-	-
Total Liabilities	29.74	27.53	12.51	16.16	7.72
Common Stock	0	0	0	0	0
Additional Paid-In Capital	99.35	98.82	95.98	95.4	14.88
Retained Earnings	-75.67	-70.21	-50.17	-33.34	-16.4
Comprehensive Income & Other	-	0.28	-	-	0.7
Total Common Equity	23.68	28.89	45.81	62.06	-0.83
Shareholders' Equity	23.68	28.89	45.81	62.06	-0.77
Total Liabilities & Equity	53.42	56.42	58.32	78.22	6.96
Total Debt	12.19	11.19	5.04	6.95	2.57
Net Cash (Debt)	-2.15	0.03	23.37	43.14	-1.79
Net Cash Growth	-	-99.86%	-45.82%	-	-
Net Cash Per Share	-0.05	0.00	0.66	1.25	-0.15
Filing Date Shares Outstanding	40.1	40.1	35.57	35.57	12.34
Total Common Shares Outstanding	40.1	40.1	35.57	35.52	12.34
Working Capital	19.97	24.7	43.39	60.97	-0.18
Book Value Per Share	0.59	0.72	1.29	1.75	-0.07
Tangible Book Value	23.68	28.89	45.81	62.06	-0.83
Tangible Book Value Per Share	0.59	0.72	1.29	1.75	-0.07
Machinery	2.95	2.87	2.61	1.33	0.5
Leasehold Improvements	0.47	0.48	0.62	0.38	0.08

Source: S&P Global Market Intelligence. Standard template. Financial Sources.